Stock Market & Financial Investment News

OpenTable upgraded to Buy from Neutral at CitigroupCitigroup upgraded its rating on OpenTable (OPEN) to Buy from Neutral citing the recent pullback in shares and its belief the company's Q1 results could top expectations. Citi also believes OpenTable's growth in mobile and local marketing is being underappreciated by investors. The firm raised its price target for the stock to $90 from $74. Shares closed yesterday down 53c to $77.03.